Carreras Group Ltd. (CAR) – Merger Completed

The worldwide merger of British American Tobacco p.l.c. (BAT) with Rothmans International B.V. (Rothmans) was completed on June 7, 1999. The merger brings together Rothmans Holdings through Rothman Holdings (Caricom)

First :Life – Purchase Approved

On July 29, 1999 the Supreme Court approved the purchase by First Life of the Group Life and Health, Mortgage Life and Personal Accident insurance portfolios of Mutual Life, Dyoll